Freyr, Nidec form largest JV for battery energy storage products

Aug. 30, 2022 6:48 AM ETFREYR Battery (FREY), FREY.WS, NNDNF, NJDCYBy: Meghavi Singh, SA News Editor4 Comments

Joint venture agreement lying on table, pen and eyeglasses on official document

Motortion

  • Japanese electric motor giant Nidec (OTCPK:NNDNF) has finalised a deal with Norwegian battery start-up Freyr (NYSE:FREY) for a module and pack joint venture; at the same time cementing a previously agreed $3B sales order.
  • Freyr as part of

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